# Condeco Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/condeco-group

- Industry: Software
- Headquarters: London, UK
- Website: www.condecosoftware.com
- Total disclosed funding: $30M
- Latest round: Series A (Jun 20, 2016)
- Investors on record: 1

## About

Condeco Group Ltd., based in the UK, specializes in advanced workspace booking and scheduling software, enhancing the efficiency of hybrid work environments for organizations worldwide.Founded in 2005 and headquartered in London, UK, Condeco Group Ltd. offers solutions for workspace management. In October 2022, Condeco merged with iOFFICE + SpaceIQ to form Eptura, focusing on unifying software for asset management and workplace experience. The CEO, Angel Zambrano, leads the company, which has successfully completed a total of 3 funding deals, with the latest round being a Series A that raised EUR 27.00 mn, led by Highland Europe, bringing the total amount raised to EUR 27.00 mn.Condeco's primary offerings include advanced workspace booking and scheduling software designed for hybrid work environments. Their comprehensive suite enables organizations to effectively schedule, book, and manage meeting spaces, desks, and visitor access, thereby enhancing productivity and collaboration. Integrated with platforms like Microsoft Outlook and Teams, Condeco serves over 2,000 enterprise clients across North America, Europe, and Asia, ensuring efficient operation of flexible work environments.In 2022, Condeco reported a revenue of EUR 34,323,281.70, with an EBITDA of EUR 1,788,616.80, generated predominantly through subscription-based models. Their clients engage in B2B transactions for access to workspace management tools, typically under tiered pricing plans that cater to various organizational needs.With the merger in October 2022, Condeco plans to utilize its resources to integrate and enhance its software offerings across asset management and workplace solutions under the Eptura brand. The company aims to expand its market presence, particularly in new geographic regions, leveraging the synergies created by the merger to boost product development and market reach.

## Funding rounds

- Series A, Jun 20, 2016, $30M — Highland Europe

## Investors

- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series A